ABC26GN2189 · Percentage

Subject: General Aptitude · Chapter: Percentage · Exam: 2008 · Marks: · Difficulty:

A company pays rent of ₹ 25000 per month for office space to its owner. But if the company pays the annual rent at the beginning of the year the owner gives a discount of 5\% on the total annual rent. What is the annual amount the company pays to the owner after the discount?

(a)₹ 2,75,000

(b)₹ 2,85,000

(c)₹ 2,95,000

(d)₹ 3,00,000

(e)None of these

Answer

Answer (as printed): B

Explanation

Total annual rent $=₹(25000 \times 12)=₹ 300000$. $$\text { Discount }=5 \% \text { of } ₹ 300000=₹\left(\frac{5}{100} \times 300000\right)=₹ 15000 . \begin{aligned} \therefore \text { Annual rent paid after discount } & =₹(300000-15000) \\ & =₹ 285000 . \end{aligned}$$

Explanation as extracted from the printed page; notation may be imperfect.

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